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SPIRIT OF AMERICA LARGE CAP VALUE FUND
mutual fund
SOIVX
Payout Change
Pending
Price as of:
$35.78
+0.06
+0.17%
primary theme
U.S. Large-Cap Blend Equity
share class
SOIVX (Mutual Fund)
SPIRIT OF AMERICA LARGE CAP VALUE FUND
Payout Change
Pending
Price as of:
$35.78
+0.06
+0.17%
primary theme
U.S. Large-Cap Blend Equity
share class
SOIVX (Mutual Fund)
SPIRIT OF AMERICA LARGE CAP VALUE FUND
Payout Change
Pending
Price as of:
$35.78
+0.06
+0.17%
primary theme
U.S. Large-Cap Blend Equity
share class
Name
As of 12/03/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
38.9%
1 yr return
44.7%
3 Yr Avg Return
12.8%
5 Yr Avg Return
N/A
Net Assets
$150 M
Holdings in Top 10
43.3%
52 WEEK LOW AND HIGH
$35.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.23%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/03/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SOIVX - Profile
Distributions
- YTD Total Return 38.9%
- 3 Yr Annualized Total Return 12.8%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.36%
- Dividend Yield 4.2%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameSPIRIT OF AMERICA LARGE CAP VALUE FUND
-
Fund Family NameSpirit of America
-
Inception DateMay 01, 2020
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDouglas Revello
Fund Description
Principal Investment Strategies: The Value Fund focuses on the large cap value segment of the U.S. equity market. The Value Fund invests at least 80% of its total assets in large cap equity securities of companies in the value segment of the market. The Value Fund considers a company to be a large cap company if it has a market capitalization of $5 billion or greater at the time of purchase. Using the “value” approach, Spirit of America Management Corp. (the “Adviser”) buys for the Value Fund those securities considered to be conservatively valued relative to the securities of comparable companies. To earn current income, the Value Fund will invest in the equity securities of companies that have a proven history of paying consistent dividends. The Value Fund may also invest in master limited partnerships (“MLPs”).
The Value Fund emphasizes stocks of companies that are believed to be fundamentally attractive based on certain valuation factors. Among the valuation factors used to evaluate these stocks are companies with lower debt ratios than their peer group and companies that are undervalued vs. the company’s intrinsic worth and future income potential. These stocks generally have growth prospects that are viewed as sub-par by the market. Reflecting these market expectations, the prices of value stocks typically are below-average relative to such factors as revenue, earnings, book value and dividends.
SOIVX - Performance
Return Ranking - Trailing
| Period | SOIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 38.9% | 6.3% | 46.9% | 0.50% |
| 1 Yr | 44.7% | 8.6% | 56.2% | 0.75% |
| 3 Yr | 12.8%* | -10.2% | 18.5% | 9.96% |
| 5 Yr | N/A* | -7.7% | 111.2% | 57.22% |
| 10 Yr | N/A* | -0.2% | 52.6% | 87.00% |
* Annualized
Return Ranking - Calendar
| Period | SOIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.1% | -42.6% | 47.4% | 48.97% |
| 2022 | -25.2% | -56.3% | -4.2% | 77.87% |
| 2021 | 20.9% | -27.2% | 537.8% | 31.71% |
| 2020 | N/A | -22.5% | 2181.7% | N/A |
| 2019 | N/A | -13.5% | 40.4% | N/A |
Total Return Ranking - Trailing
| Period | SOIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 38.9% | 6.3% | 46.9% | 0.50% |
| 1 Yr | 44.7% | 8.6% | 56.2% | 0.75% |
| 3 Yr | 12.8%* | -10.2% | 18.5% | 9.96% |
| 5 Yr | N/A* | -7.7% | 111.2% | 52.64% |
| 10 Yr | N/A* | -0.2% | 52.6% | 85.96% |
* Annualized
Total Return Ranking - Calendar
| Period | SOIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 26.1% | -5.0% | 47.4% | 28.71% |
| 2022 | -17.5% | -36.8% | -2.2% | 43.52% |
| 2021 | 24.1% | 3.0% | 537.8% | 78.94% |
| 2020 | N/A | -15.8% | 2266.0% | N/A |
| 2019 | N/A | -0.4% | 241.3% | N/A |
NAV & Total Return History
SOIVX - Holdings
Concentration Analysis
| SOIVX | Category Low | Category High | SOIVX % Rank | |
|---|---|---|---|---|
| Net Assets | 150 M | 2.34 M | 1.55 T | 84.96% |
| Number of Holdings | 169 | 2 | 3963 | 38.27% |
| Net Assets in Top 10 | 82.3 M | 880 K | 525 B | 81.19% |
| Weighting of Top 10 | 43.31% | 0.3% | 111.6% | 21.59% |
Top 10 Holdings
- NVIDIA Corp. 14.20%
- Apple, Inc. 5.56%
- Microsoft Corp. 4.42%
- Alphabet, Inc. 3.88%
- Costco Wholesale Corp. 3.19%
- Amazon.com, Inc. 2.52%
- JPMorgan Chase Co. 2.42%
- Oracle Corp. 2.41%
- Caterpillar, Inc. 2.37%
- AbbVie, Inc. 2.36%
Asset Allocation
| Weighting | Return Low | Return High | SOIVX % Rank | |
|---|---|---|---|---|
| Stocks | 99.49% | 0.00% | 105.79% | 32.30% |
| Preferred Stocks | 0.56% | 0.00% | 2.03% | 0.25% |
| Cash | 0.02% | 0.00% | 99.07% | 92.40% |
| Other | 0.00% | -13.91% | 100.00% | 53.48% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 28.55% |
| Bonds | 0.00% | 0.00% | 93.85% | 33.77% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SOIVX % Rank | |
|---|---|---|---|---|
| Technology | 28.47% | 0.00% | 48.94% | 9.24% |
| Financial Services | 12.02% | 0.00% | 55.59% | 79.60% |
| Healthcare | 10.74% | 0.00% | 52.29% | 91.42% |
| Industrials | 10.32% | 0.00% | 29.90% | 32.64% |
| Consumer Defense | 9.72% | 0.00% | 47.71% | 13.49% |
| Energy | 9.57% | 0.00% | 41.64% | 3.41% |
| Communication Services | 5.88% | 0.00% | 27.94% | 80.60% |
| Consumer Cyclical | 5.06% | 0.00% | 30.33% | 93.01% |
| Utilities | 3.26% | 0.00% | 20.91% | 20.82% |
| Real Estate | 3.11% | 0.00% | 31.91% | 34.30% |
| Basic Materials | 1.83% | 0.00% | 25.70% | 79.68% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SOIVX % Rank | |
|---|---|---|---|---|
| US | 99.49% | 0.00% | 105.79% | 26.74% |
| Non US | 0.00% | 0.00% | 63.83% | 42.27% |
SOIVX - Expenses
Operational Fees
| SOIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.23% | 0.01% | 19.75% | 23.79% |
| Management Fee | 0.97% | 0.00% | 1.90% | 95.73% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 6.64% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| SOIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SOIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SOIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 11.00% | 0.00% | 268.00% | 24.90% |
SOIVX - Distributions
Dividend Yield Analysis
| SOIVX | Category Low | Category High | SOIVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.16% | 0.00% | 25.47% | 18.20% |
Dividend Distribution Analysis
| SOIVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| SOIVX | Category Low | Category High | SOIVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.36% | -54.00% | 2.44% | 69.92% |
Capital Gain Distribution Analysis
| SOIVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.739 | OrdinaryDividend |
| Jun 30, 2023 | $0.736 | OrdinaryDividend |
| Dec 29, 2022 | $1.505 | OrdinaryDividend |
| Jun 30, 2022 | $0.741 | OrdinaryDividend |
| Jun 30, 2021 | $0.738 | OrdinaryDividend |
| Dec 30, 2020 | $0.736 | OrdinaryDividend |
| Jun 30, 2020 | $0.730 | OrdinaryDividend |
SOIVX - Fund Manager Analysis
Managers
Douglas Revello
Start Date
Tenure
Tenure Rank
Jan 10, 2018
4.39
4.4%
Douglas Revello serves as the Portfolio Manager. Mr. Revello became the Co-Portfolio Manager in November 18, 2015 and transitioned to Portfolio Manager on July 1, 2016. Mr. Revello has been associated with Spirit of America Management Corp. since May 18, 2009 as the Co-Portfolio Manager through November 17, 2015, and was designated Portfolio Manager on November 18, 2015. Mr. Revello started working at DLA in 1988 as an assistant municipal bond trader and was soon promoted to municipal bond underwriter. As municipal bond underwriter, he led DLA to obtain syndicate membership and manager status for numerous municipal issuers by successfully spearheading the development of DLA’s Syndicate Department and increasing DLA’s municipal underwriting presence. His responsibilities also include institutional and dealer sales. In 2007, Mr. Revello was promoted to Senior Vice President at DLA. He received a Master of Business Administration from Dowling College. Previous employments include J.P. Morgan and Drexel, Burnham & Lambert. Mr. Revello holds a General Securities Representative (Series 7) license, and Uniform Securities Agent State Law Examination (Series 63) license.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.25 | 2.42 |
